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Announcements

MarketCircularsDaily Updates
December 08, 2021
120

IPO Alert: Metro Brands Ltd.

Incorporated in 1977, Metro Brands is one of the largest Indian footwear speciality retailers, and is among the aspirational Indian brands in the footwear category. Metro Brands operated 598 Stores across 136 cities spread across 30 states and union territories in India as of September 2021.

Bid/Offer Opens On Friday, 10-Dec-21
Bid/Offer Closes On Tuesday, 14-Dec-21
Price Band Rs. 485 - Rs. 500 per equity share
Lot Size 30 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment 17-Dec-21
Initiation of Refunds 20-Dec-21
Credit of Shares to Demat Acct 21-Dec-21
IPO Shares Listing Date 22-Dec-21
UPI mandate expiry date 23-Dec-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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